SANTAM LIMITED — Director's Dealing 2026

May 11, 2026

SANTAM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1918/001680/06
LEI: 37890092DC55C7D94B35
JSE share code: SNT & ISIN: ZAE000093779
A2X share code: SNT
NSX share code: SNM
Bond company code: BISAN
("Santam" or the "Company")

DEALINGS IN SECURITIES

In compliance with paragraphs 6.77 to 6.85 of the Listings Requirements and paragraphs 6.45 to 6.48 of the Debt and Specialist Securities Listings Requirements of the JSE Limited (hereafter collectively referred to as the "Listings Requirements"), shareholders and noteholders are herewith advised of the following dealings in Santam securities by the undermentioned Executive Director of the Company:

Name of director	: Tavaziva Madzinga
Date of transaction	: 11 May 2026
Class of security	: Ordinary shares
Nature of transaction	: On-market purchase of shares
Number of shares	: 1,879
VWAP per share	: R399.0364
Lowest price	: R399.00
Highest price	: R399.60
Total value of the transaction	: R749,789.40
Nature and extent of the director’s interest	: Direct Beneficial

The requisite clearance and approval for the abovementioned transaction was obtained in compliance with the Company's Securities Dealing Policy as well as the relevant procedures of Santam and the Listings Requirements.

CAPE TOWN
11 May 2026

JSE Sponsor (Equity and Debt): Investec Bank Limited
NSX Sponsor: Simonis Storm Securities (Pty) Ltd